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Family-owned businesses need a succession plan

Family-owned businesses need a succession plan

Many family-owned businesses assume they already have a succession plan in place since ownership is typically passed along to relatives. That assumption simply isn’t good enough. In fact, a well-considered and documented succession plan is critical for family-owned businesses. A…

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The Calgary Economy: An overview for business owners

The Calgary Economy

As we head into the second half of 2017, the Calgary economy is showing signs of recovery and improvement.  There are three areas in which current conditions are becoming increasingly favourable for new and veteran local business owners. Diversification With…

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How to stage your business for sale

How to stage your business for sale

Staging your business for sale can be time-consuming but also very financially rewarding.  A business that is well-prepared in advance of selling is far more likely to attain maximum value and price during the transaction.  Staging a business includes a…

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5 benefits of owning a franchise

5 Benefits of Owning a Franchise

Franchise ownership can be an excellent business model for new and experienced entrepreneurs.  Misconceptions and misinformation about owning a franchise often stops business owners from further exploring this viable option.  Here are five benefits of owning and operating a franchise…

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Price your business to sell

Price your business to SELL

The market in western Canada is flooded with businesses for sale.  Many of these businesses will never sell for one simple reason:  they are overpriced.  Pricing a business can be one of the most challenging aspects of the selling process. …

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Ways to keep your business growing

Ways to keep your business growing

To help ensure the long-term success of a business, it is important to keep growing the business. A static business plan that fails to adjust to trends or market conditions will result in a business that lacks resiliency and longevity.…

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